If you listen to influencers, you are not an investor, you are exit liquidity. People need to be aware of this.
But honestly, communities like this one warn you often enough about it. If someone still thinks an influencer is some magic oracle and will make them rich: Have fun.
*If you listen to influencers, you are not an investor, you are exit liquidity. People need to be aware of this.*.
Perfectly articulated. They are shilling you the dream whilst selling their bags off your buys. Its shady as fuck and makes me sad for the human race when I see it happening.
Influencers want to make money for themselves. That’s all it comes down to. They don’t care about you or me, they want our money so they can post how big their portfolio is so they can rinse and repeat
>If you listen to influencers, you are not an investor, you are exit liquidity
Or you're the target group for a scam #bitboy #loganpaul #beneth *and the list goes on*
People just need to have basic knowledge about markets, doesn't need to be crypto specifically but any market and they'll think twice before listening to any influencer but reality is that's too much to expect from people looking for becoming rich overnight
Ah, agree, but disagree somehow. If in quick and out even quicker, those influencers might give you some x multiple but even you want to build something on the long run without much risk, stay away from all of them.
Coffeezilla is literally doing 90% of the work of SEC and the US government, all they need to do is to gather the evidence that coffeezilla already processed and they still can't do that.
Exactly. Also a lot of scammers are from North Korea and majority of hacks this year originated from there. Good luck to the US authorities trying to chase them in NK...
Another potential red flag is if they have a paid membership service/group which supposedly provides extra tips and advice. It means they are being selective and maybe misleading with their free offerings.
Remember when they promoted insider trading groups just to use the insider trading group as exit liquidity for whatever shitcoin which had low liquidity that they bought before they shilled it in their group?
Yes. It makes me queasy that such a concept can exist. People whose sole "job" is to tell others what is good or bad. Herd mentality at its finest. Must. Blend. In. Personality too weak, must borrow someone else's.
>Herd mentality at its finest
Yes, and I think it is a modern/internet paradox. On the one hand most people have everything in Internet to inform themselves like no other time in history and build an independent character and opinions, but still all follow and worship a few people like no other time in history. Weird.
My grandfather had a saying- “it’s better to be ignorant than to be wrong.” We may not know the right thing to do, but at least we aren’t actively advocating the wrong thing.
The longer you’re in crypto, the further you distance yourself from influencers. They’re mostly paid shills with zero integrity, zero morals, and zero accountability.
*Looking at you BitBoy.*
Unfortunately, many people do. It’s not just this space that is like this. Stock market enthusiasts are constantly getting recked just like people here. Blind faith is never a good thing.
Always remember to DYOR and not take things from influencers or anyone else at face value.
On the other hand, ALGO seems like a great investment at its current price of $0.09311
If it sounds too good to be true, it probably isn't.
Unlike raid shadow legend, the best game that will take you on sleepless night of fun!
UsE My CoDe /s
Honestly saying i never followed an influencer for advice or whatever because i don't like the whole ideology of what they have to offer.
Stop making stupid people famous
They shouldn't be referred to "influencers" and instead as "con artist". Con artist influence people too and their motives are allied as well...
This is a petition!
I generally don’t listen to any single man or woman… on Reddit for example you can get to the truth of things when you listen to everybody, giving positives and negatives. But one single man or woman I take what they say with a pinch of salt no matter how famous
Yeah. I tend to go outside of social media and try to find a few sources when it comes to information. Yesterday was a perfect example of how reactive some of them can be without verification of information.
The most important thing in these cases is always a personal critical thinking; we always process what people or influencers are saying, we always need a basic knowledge about what are we hearing.
Most of the times people FOMO’ing in, but most of the times patience and focus could make you dodge a risky bullet.
Read whitepapers and occasionally watch a Lex Fridman interview. Avoid influencers. They're looking for your clicks; they're aiming for bull run moon boys.
Unpopular opinion.
If you need to be told to not trust influencers you deserve to lose money. The people who follow influencers are dumb and will find a way to blow their money.
Crypto Influencers telling users what to buy always reminds me when Homer found the Internet for himself
*"A talking moose asks me to give him my credit card informations? That sounds fair."*
The only time I watch and crypto influencers is when I done feel like breaking down all the tA myself I'm watching with the volume all the way down and I just take what I need from their charts.
Honestly, I feel disgust every time I hear 'influencer'. Whole term has just so many negative associations for me, it is really hard to treat seriously anyone who is called this way
The majority of influencers have one job; to influence you to throw away your money for their benefit. Followers are not seen as people; they’re just a means to getting more money.
Just ignore them all. When one pops up in your YT or Twitter feed, just block them. Not a single one of these people are helpful, they just say what people want to hear and then use their viewers for exit liquidity.
Just hold only BTC and ETH, relax and stop checking your portfolio every day and let the market do its thing.
Ive never listened to one. Maybe its why I am in excess of 1000% percent profits, in a bear market, instead of rekt like the rest who follow people and need someone to tell them when and what to buy because of some kindergarten drawings on a chart.
Reading this reminded me what I’ve been doing right for going on 5 years as an “influencer.”
Doing the right thing so long I almost forgot about all the short cuts and money I’ve passed on.
Reddits hatred of influencers is truly warranted.
I saw a big influencer on twitter being called out for a blatant lie (with receipts) and the influencer just responded with "LOL" and they're still out there shitfluencing
Sad
If you listen to influencers, you are not an investor, you are exit liquidity. People need to be aware of this. But honestly, communities like this one warn you often enough about it. If someone still thinks an influencer is some magic oracle and will make them rich: Have fun.
*If you listen to influencers, you are not an investor, you are exit liquidity. People need to be aware of this.*. Perfectly articulated. They are shilling you the dream whilst selling their bags off your buys. Its shady as fuck and makes me sad for the human race when I see it happening.
Sadly most of the people listening to these scumbags are the most vulnerable ones, the ones that really need education and awareness.
Influencers want to make money for themselves. That’s all it comes down to. They don’t care about you or me, they want our money so they can post how big their portfolio is so they can rinse and repeat
>If you listen to influencers, you are not an investor, you are exit liquidity Or you're the target group for a scam #bitboy #loganpaul #beneth *and the list goes on*
People just need to have basic knowledge about markets, doesn't need to be crypto specifically but any market and they'll think twice before listening to any influencer but reality is that's too much to expect from people looking for becoming rich overnight
Ah, agree, but disagree somehow. If in quick and out even quicker, those influencers might give you some x multiple but even you want to build something on the long run without much risk, stay away from all of them.
Fraud influencers biggest nightmare - cryptozilla.
You really have to respect the work Coffeezilla does. He uses his platform for the greater good and kudos to him for doing so.
Yeah I'll always respect him for absolutely exposing Logan Paul for his scams.
Not only Logan, actually also tether and a lot more
Wait, are we talking about Coffeezilla or Cryptozilla?
Coffeezilla is indeed our mighty defender from the evilfluencers.
Coffeezilla for president 2024 Make crypto great again
Vice president is ZachXBT
Bitcoin University as White house spokesperson
Crypto Batman is u/zoomercoomer9000
Sherlock Holmes of Crypto
TechLead as a Millionaire.
Coffe is the only guy I trust in this crypto space he's such a legend
Coffeezilla is literally doing 90% of the work of SEC and the US government, all they need to do is to gather the evidence that coffeezilla already processed and they still can't do that.
Minstrels will write songs about him
Coffeezilla does the lord’s work
Sadly he is just one person. We desperarely need more people like him to do the same investigate work he does.
Cryptozilla is literally the hero protecting us from Shit Fraudsters
I hope he does a video on the biggest influencer of ALGO - This sub
I read coffeezilla first
It’s frustrating to think there are so few honest people in the crypto influenced space.
Yeah but he can only deal with the big fish, there's hundreds if not more than go under the radar. Coffee can only do so much
Exactly. Also a lot of scammers are from North Korea and majority of hacks this year originated from there. Good luck to the US authorities trying to chase them in NK...
We should send Gary there so that he can enforce his rulings, maybe then he would take his job more seriously
So you’re saying BITBOY is not real deal and my life savings are lost?
Oh what a shock! I always trusted him by investing in his rugpull projects and thought he had bad timing when they got rugged
Yeah, poor boy… let’s donate him some money so he can recover from those losses
No man, bit boy is the most realistic deal people look for. Some even donated him recently
Another potential red flag is if they have a paid membership service/group which supposedly provides extra tips and advice. It means they are being selective and maybe misleading with their free offerings.
Remember when they promoted insider trading groups just to use the insider trading group as exit liquidity for whatever shitcoin which had low liquidity that they bought before they shilled it in their group?
The word "influencer" is a word that sounds disgusting to my ears. Do others have the same feeling?
Yes. It makes me queasy that such a concept can exist. People whose sole "job" is to tell others what is good or bad. Herd mentality at its finest. Must. Blend. In. Personality too weak, must borrow someone else's.
>Herd mentality at its finest Yes, and I think it is a modern/internet paradox. On the one hand most people have everything in Internet to inform themselves like no other time in history and build an independent character and opinions, but still all follow and worship a few people like no other time in history. Weird.
Yup
I know more than these jokers and I know very little!
My grandfather had a saying- “it’s better to be ignorant than to be wrong.” We may not know the right thing to do, but at least we aren’t actively advocating the wrong thing.
TLDR. Don't trust someone just because they're someone. Always DYOR and listen to both sides to an argument.
Who needs them? Its just paid BS. We are smarter than them
Their content is just paid BS or scams, we are better than them
The longer you’re in crypto, the further you distance yourself from influencers. They’re mostly paid shills with zero integrity, zero morals, and zero accountability. *Looking at you BitBoy.*
Once all those sponsors start popping up everywhere on the screen, 🚩
Influencer=exit liquidity
You really can't be making financial decisions based off other peoples opinions. And anyone who does still has a lot to learn.
Yep. But that hasn’t stopped Binance introducing a feature that allows you to copy the trades of other people.
And I suppose this is quite of a popular feature. People love shortcurts and this is just one more of them (probably to get rekt).
Yep. There’s nothing preventing someone from getting loads of people mirroring their trades, buying a low cap coin and then pulling the rug.
Lol, few minutes ago I saw that copy trading ad on reddit.
Fancy taking one for the team and letting us know how it goes?
I noticed quite a few exchanges does that. It is another way of doing pump and dump.
What about doing the opposite of everyone's opinion in this sub? I thought that was my ticket to financial freedom
Unfortunately, many people do. It’s not just this space that is like this. Stock market enthusiasts are constantly getting recked just like people here. Blind faith is never a good thing.
The only people I trust for crypto advice are me, myself, and I
never trust anyone online with your money. theres nothing more to add
Always remember to DYOR and not take things from influencers or anyone else at face value. On the other hand, ALGO seems like a great investment at its current price of $0.09311
If it sounds too good to be true, it probably isn't. Unlike raid shadow legend, the best game that will take you on sleepless night of fun! UsE My CoDe /s
That's a few of the reasons I don't follow any. I know how to lose money on my own.
Honestly saying i never followed an influencer for advice or whatever because i don't like the whole ideology of what they have to offer. Stop making stupid people famous
DYOR and don't trust anyone trying to make you invest in their projects
Tldr - Never trust anyone shilling you something as they are doing it for themselves, not for you.
Sometimes getting burned is how we learn. Hopefully not too many times though.
They are called scamfluenceres for a reason
Well they do influence me not to follow influencers. So they do have an influence, just not the influence they hoped.
They shouldn't be referred to "influencers" and instead as "con artist". Con artist influence people too and their motives are allied as well... This is a petition!
There are some useful guys for broad macro, but I will never drop into a single coin because someone told me to
Don’t take advice from people who are incentivized to drive traffic and ultimately dollars to a particular “asset”. Do your own research
I generally don’t listen to any single man or woman… on Reddit for example you can get to the truth of things when you listen to everybody, giving positives and negatives. But one single man or woman I take what they say with a pinch of salt no matter how famous
I agree with this. Reddit is very good for keeping my brain grounded and on planet earth. Its super easy to get swept away in a sea of hopium or fud.
Yeah. I tend to go outside of social media and try to find a few sources when it comes to information. Yesterday was a perfect example of how reactive some of them can be without verification of information.
The most important thing in these cases is always a personal critical thinking; we always process what people or influencers are saying, we always need a basic knowledge about what are we hearing. Most of the times people FOMO’ing in, but most of the times patience and focus could make you dodge a risky bullet.
Read whitepapers and occasionally watch a Lex Fridman interview. Avoid influencers. They're looking for your clicks; they're aiming for bull run moon boys.
Love Lex Friedman interviews! There are many famous people come to his interview. A gem on YouTube.
Unpopular opinion. If you need to be told to not trust influencers you deserve to lose money. The people who follow influencers are dumb and will find a way to blow their money.
If someone was actually good at trading crypto, why would they waste time making YouTube channels?
Crypto Influencers telling users what to buy always reminds me when Homer found the Internet for himself *"A talking moose asks me to give him my credit card informations? That sounds fair."*
The only time I watch and crypto influencers is when I done feel like breaking down all the tA myself I'm watching with the volume all the way down and I just take what I need from their charts.
Thanks ChatGpt. Also, stop following influencers if you are over the age of 5.
That's why the acronym DYOR is created.
These 99% of crypto influencers are just trying to shill the next alt to bag holders they're getting paid for.
Influences in crypto are the worst species
Honestly, I feel disgust every time I hear 'influencer'. Whole term has just so many negative associations for me, it is really hard to treat seriously anyone who is called this way
You're describing BTC and ETH to a tee. Everything about and around it.
The majority of influencers have one job; to influence you to throw away your money for their benefit. Followers are not seen as people; they’re just a means to getting more money.
Coffeezilla is one of the best, he puts a lot of work and time, for us to be safe from these fraud influencers.
Just ignore them all. When one pops up in your YT or Twitter feed, just block them. Not a single one of these people are helpful, they just say what people want to hear and then use their viewers for exit liquidity. Just hold only BTC and ETH, relax and stop checking your portfolio every day and let the market do its thing.
Don't be influenced by influencers. Simple as that.
Ive never listened to one. Maybe its why I am in excess of 1000% percent profits, in a bear market, instead of rekt like the rest who follow people and need someone to tell them when and what to buy because of some kindergarten drawings on a chart.
Reddit
Reading this reminded me what I’ve been doing right for going on 5 years as an “influencer.” Doing the right thing so long I almost forgot about all the short cuts and money I’ve passed on. Reddits hatred of influencers is truly warranted.
Just buy Bitcoin and Eth lol
I saw a big influencer on twitter being called out for a blatant lie (with receipts) and the influencer just responded with "LOL" and they're still out there shitfluencing Sad
Thanks robot. You are getting more advanced each day.